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Author Topic: Bitcoin may not be number one for long  (Read 28297 times)
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September 07, 2017, 08:01:19 AM
 #521


Bitcoin is still at 46.9% market dominance compared amongst 867 currencies in the crypto markets. This is during a BTC downtrend too.

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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September 07, 2017, 08:03:36 AM
 #522

As long as bitcoin is available in the market and users still investing on it. No alternative one can ever replaced bitcoin on its place that is the truth and only time can tell if that will go beyond years or decades from now. Bitcoin comparing to ethereum is not ideal for bitcoin lasted much about existence on year than any altcoin combined. Even the price is irrelevant to even assumed to be equal.
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September 07, 2017, 11:57:15 AM
 #523

Bitcoin is the first successful crypto currency that is currently the best  , because of the advantages and the big supportive community behind it.
People are investing in bitcoins and the users as well as the acceptance is increasing day by day with , with so much uses across the globe I don't think that any alt coin would overcome bitcoins ,

But yes we cannot be sure , maybe some alt coins with good future like ETH can overcome bitcoins ,
Surely it would face many problems .

Bitcoins is the first of its kind and people would never forget Bitcoins for the Revolution that it brought in that crypto world.
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September 12, 2017, 01:37:16 PM
 #524

In fact bitcoin will not be amount a single without end but bitcoin will attempt to be amount a single permanently.
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September 13, 2017, 04:33:18 AM
 #525

Bitcoin will constantly remain Bitcoin: the initial, the unique, the greatest. Ethereum will remain Ethereum, it will never exchange Bitcoin.
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September 13, 2017, 04:38:06 AM
 #526

Bitcoin will always be the first, and the most well known. Ethereum is not a currency.
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September 13, 2017, 04:50:02 AM
 #527

As long as bitcoin is available in the market and users still investing on it. No alternative one can ever replaced bitcoin on its place that is the truth and only time can tell if that will go beyond years or decades from now. Bitcoin comparing to ethereum is not ideal for bitcoin lasted much about existence on year than any altcoin combined. Even the price is irrelevant to even assumed to be equal.

Bitcoin and ethereum has different purpose and we never know for sure if the latter can overtake bitcoin being number one. There are a lot of speculations between this two and only time will tell when another cryptocurrency dominate the crypto world but for now bitcoin is still going strong. The recent news has affected much its price and now it continues to go down but once it finds its support then it will go back up again.

Ethereum may not be able to reach the price of bitcoin but it is currently dominant in its own field. They have different usage so we cannot just directly compare the two what is better than the other except in terms of prices.

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September 13, 2017, 02:05:07 PM
 #528

I think bitcon will continue to become number one crypto  curency in the future. It has become more popular which resulted to the demand to increase. Many country as well as establishment also starting to adopt bitcoin which means the market for bitcoin will grow more in the coming years.
Whenever people think about crypto currencies, the first thing that comes in the mind is Bitcoin before other currencies. Whenever people wants to get into tech stock investment, they start with Bitcoin, so how do you expect Bitcoin to be overtaken by Ethereum? Bitcoin is at $4.5k+, while Ethereum is still at the rate of $330. Ethereum still got a long way to go.
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September 13, 2017, 02:10:26 PM
 #529

It seems to me that nothing will change and bitcoin will be the most expensive crypto currency.
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September 13, 2017, 02:47:29 PM
 #530

Yes true, and I'm sure bitcoin can not possibly continue to be number 1, I'm sure someday there will be coins that beat bitcoin, waves, ethereum or other coins have the chance to beat bitcoin.



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September 13, 2017, 03:21:37 PM
 #531

I think bitcon will continue to become number one crypto  curency in the future. It has become more popular which resulted to the demand to increase. Many country as well as establishment also starting to adopt bitcoin which means the market for bitcoin will grow more in the coming years.
Yes it is it will continue to become the number one crypto currency. Agree with and I think no one or no coin can replace it so I believe that bitcoin will be the number one for long. And this crypto become popular by that coin.
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September 13, 2017, 03:28:35 PM
 #532

I think may not be because as you can see, china has banned bitcoin from their country and the price is going down to $3800 now. Hope nothing will happen in the future that can effect bitcoin price.

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September 13, 2017, 03:31:44 PM
 #533

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.

For me, bitcoin will always be the number one because bitcoin nowadays are very popular in many person and bitcoin todays as we know is very helpful to many like as a support in financials and emergency money for everyone. We all know that bitcoin is the main crypto today and I think it will be the number in the future.




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September 13, 2017, 03:33:45 PM
 #534

I think bitcon will continue to become number one crypto  curency in the future. It has become more popular which resulted to the demand to increase. Many country as well as establishment also starting to adopt bitcoin which means the market for bitcoin will grow more in the coming years.

In the coming years, it will definitely grow and develop, but further this question remains in doubt. A virtual currency that is not backed up can not constantly grow up when everyone already knows about it.

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September 13, 2017, 03:34:50 PM
 #535

it depends on the development of bitcoin in the future. I think if bitcoin is better adapted to the present and the future. I think the bitcoin chance of being top for a while is still open.
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September 13, 2017, 03:35:54 PM
 #536

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.

I think so because as we experienced now when the China banned the bitcoin in their country we started to get suffer in this kind of calamity. Many people nowadays are getting affected as well as businessman bevause of the value of it. Their money started to dump and the price in the market are getting lower. This will be a big lost to many people especially for those long term holder.


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September 13, 2017, 03:36:31 PM
 #537

I thought for sure it would take until the end of 2018 but it looks like this summer ethereum might pass it up. With the turmoil around BTC potential splitting, it might be very soon. IMO this is healthy, we will always value bitcoin for being the one that started it all, but it's time for a more dynamic and adaptable currency to take the lead.
it may be that bitcoin is not the number one, the closest competitor to the current from alcoint is etherium and also the newcomer coin deepOnion, I think deeponion is good enough to be able to compete with bitcoin. but that is my prediction only. so my prediction could be wrong
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September 13, 2017, 03:42:35 PM
 #538

For long, you mean 10 more years.!! Bitcoin will hold it's ground and stay on top for at least another 10 years. I don't think there is any other altcoin which can replace Bitcoin in terms of usage and support.

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Restmand
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September 13, 2017, 03:44:51 PM
 #539

I think bitcon will continue to become number one crypto  curency in the future. It has become more popular which resulted to the demand to increase. Many country as well as establishment also starting to adopt bitcoin which means the market for bitcoin will grow more in the coming years.
i think it is impossible for other coin that they will hinder bitcoin from being the number one, it is impossible because i believe that bitcoin is very popular among all thats why many people investing on it and gives time on it, thats why i dont think that other coin may be number one and bitcoin is not the number  one anymore, i conclude, bitcoin price may change it may decrease sometimes but still it will be the # 1 among all.
PMmesexycoins
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September 13, 2017, 03:49:30 PM
 #540

Btc could be weaker option out there and it still would be valuable thanks to it being at the center of all the coins market. Call it seniority advantage. This might not last forever, but I don't think it's changing anytime soon.
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